GoodHomes
Groton
Property Overview
Location: 99 Gold Star Highway, Groton, CT
Units: 112
Acquired: June 2023
Expected Completion: Q2 2024
Modern apartments in the heart of Groton.
GoodHomes Groton is a 112-unit apartment community in Groton, CT. Consisting of five stand-alone buildings, the property was originally built as an extended-stay hotel, featuring 53 larger apartment-style one-bedroom and two-bedroom units with full kitchens and spacious living rooms, and 59 large studio units. The main building features a clubhouse & game room, business center & co-working space, fitness center, bike room, tenant storage lockers, and golf simulator, as well as over 10,000 square feet of event space that will be repurposed into additional tenant amenities. The property will also feature an outdoor pickleball court and a BBQ area.
Highlights:
Property is located in an Opportunity Zone.
Property is located 2 miles from the Naval Submarine Base with over 7,500 active duty personnel and 12,000 family members.
Located 3 miles from General Dynamics Electric Boat, which employs over 8,000 people and is expected to add another 2,000 employees by 2030.
Located 3 miles from Pfizer’s 160-acre global headquarters for their Central Research Division, which employs over 5,000 scientists, researches, and other employees.
Property is directly across the street from Groton Square Shopping Center, which features Walmart, Stop & Shop, Kohls, Sephora, and other retail destinations.